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Cryptorphic1
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#Bitcoin : You be the judge!
Entering Liquidity area!
Weekly close will be important.
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đšBREAKING: Donald J Trump has won the 2024 presidential election and will become the 47th president of the United States. #donaldtrump #USElections2024Countdown #Bitcoinâ #ETHđ„đ„đ„đ„
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Regardless of who wins, #Bitcoin will likely reach a new ATH by the end of 2024. Altcoins will likely follow later. IMHO, alts are already heavily discounted. Even if BTC dominance rises and alts take another dip, itâs wiser to DCA into the weaker ones instead of selling near their high-timeframe lows. Think twice before hitting that sell button. The next 6-8 months could be legendary. It wonât be easy, but the rewards will be worth it. #BITCOIN UPDATE:- BTC looks solid for now. Thereâs still a possibility for BTC to hit the 60K level if Kamala wins; itâs not certain, but itâs a topic circulating in the crypto space. This could act as a short-term downside catalyst, with bulls likely stepping in quickly, leaving a long wick below the resistance turned support. A retest is underway on the daily, weekly, and monthly charts! Iâm anticipating BTC to reach between 82K and 95K by the end of the year. DYOR, NFA. #CryptoNewss #bitcoin #ETHđ„đ„đ„đ„ #trump #Trump2024
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đ Market Reactions in the Last 3 U.S. Elections: - 2012: Obama re-elected âĄïž Initial stock sell-off over fiscal cliff fears, then strong rally post-deal. Crypto is mostly unaffected. - 2016: Trump wins âĄïž Stock rally on tax cut & deregulation optimism. Bitcoin starts climbing, hinting as a "digital gold." - 2020: Biden wins amidst pandemic âĄïž Stocks surge on stimulus hopes. Crypto enters a major bull run, with BTC skyrocketing as an inflation hedge. đïž Elections = market volatility & opportunity! What do we learn? Be mature, act on time! Like and RT If you agree! #CryptoNewss #Bitcoinâ #AltcoinInvesting #usgovernment #USElections2024Countdown
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Thatâs a tough doji there. The breakout was impressive, but sellers stepped in, and volume has dropped in the high 70k range. There's a liquidity zone around $66,300, which also aligns with a lower support level. Price may consolidate around this level, giving altcoins room for a short-term rally on Monday and Tuesday. Unless we break that $71378 in LTF and LTF , these pumps can fail to sustain. With US election week ahead, expect market indecision. Play it safe, if youâre new to the market, itâs best to avoid futures trades this week. Wait for the event to pass if you value your capital. dyor, nfa. That's all for now. Cheers Do hit the like button if you like it and sharer your views in the comment section. Thank you #CryptoNewss #BTCâïž #Bitcoinâ
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Bitcoin Dominance is currently around 60.51%, keeping BTC in the 68kâ70k range while altcoins drop 20-40% from recent highs. This pattern is common in bull runs, as rising BTC dominance typically pulls altcoins down. In my experience, a rejection zone between 64% and 65.81% could trigger an altcoin rally while BTC hits new all-time highs and moves sideways. Here are three key points to watch:- 1. BTC Dominance reaching rejection levels. 2. BTC closing above the monthly resistance of $71,378. 3. Altcoins holding higher time frame supports and showing reversal signs. If these align, it could be a strong opportunity for altcoins. Patience here pays off â holding USDT or stablecoins now could let you buy altcoins at lower levels soon. I'll be sharing important updates as needed. My DMs on X are open if you need to reach out. I'll do my best to answer questions whenever I'm able. For now, stay focused, and letâs spot these opportunities. If you enjoy these insights, hit like and share your thoughts. Let me know if youâd like any specific chart requests. #CryptoNewss #AltcoinInvesting #BTC #BTCdominance #cryptorphic
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